Tractor Supply Company (TSCO)
Financial leverage ratio
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 10,933,700 | 10,876,600 | 10,558,800 | 10,385,300 | 9,805,480 | 9,767,900 | 9,784,520 | 9,554,950 | 9,188,150 | 9,205,010 | 9,032,820 | 8,848,820 | 8,489,990 | 7,911,730 | 7,869,190 | 7,686,810 | 7,767,470 | 7,745,190 | 7,687,890 | 7,359,680 |
| Total stockholders’ equity | US$ in thousands | 2,581,290 | 2,573,180 | 2,490,310 | 2,238,540 | 2,270,330 | 2,288,760 | 2,305,330 | 2,124,010 | 2,149,760 | 2,111,130 | 2,087,150 | 1,914,550 | 2,042,420 | 1,941,140 | 1,913,870 | 1,790,020 | 2,002,660 | 2,020,750 | 1,980,110 | 1,852,300 |
| Financial leverage ratio | 4.24 | 4.23 | 4.24 | 4.64 | 4.32 | 4.27 | 4.24 | 4.50 | 4.27 | 4.36 | 4.33 | 4.62 | 4.16 | 4.08 | 4.11 | 4.29 | 3.88 | 3.83 | 3.88 | 3.97 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $10,933,700K ÷ $2,581,290K
= 4.24
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
Tractor Supply Company
TSCO
4.24
MarineMax Inc
HZO
2.64
Sally Beauty Holdings Inc
SBH
3.62